2021-12-03 Fossil Fuel Company Subsidies

There is a growing body of citizens who want the US government to stop subsidizing the fossil fuel industry. But the government really could use the subsidies to the advantage of clean energy. Instead of ending subsidies, which would end up costing more for consumers, we should require Big Oil and fossil fuels to invest the money into renewables like solar PV and wind turbines. We should require that oil companies plug up abandoned oil wells to prevent them from releasing methane into the atmosphere. There should be a clear path to change to renewables for every company that is receiving a subsidy. Companies should commit to this and be monitored to make sure they are fulfilling their commitments.

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